Topic: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement - page 154. (Read 452224 times)

You can trace the dividend payments backwards to see that the vast majority, if not all (I didn't trace every address) of the coins used to pay my dividend came from btcguild-mined blocks and btcguild payouts.  As such, I assume LRM is mining at btcguild.

I contacted Havelock about hosting a LR passthrough or hosting the exchange with them.  Here is there response.  How many shares would I need to be able to offer a PT on havelock?

------------------------------------------------------------------------------------------------------
No one has contacted us as of yet.

We try not to do PT shares, but will consider it if the volume is right.

The fee for the Issuer is based on monthly volume and Maxes out at 1 BTC per
month.

Thank you,


HavelockInvestments.com
The Panama Fund, S.A.
Telephone Toll free Canada/USA: 1-866-978-8076
Telephone International/Panama: +507-832-2461
Skype: The.Panama.Fund

How small is this pool that we get screwed over this badly by "bad luck"?  I mined with BTCGuild for a few months before selling my rigs and any bad luck day to day there would get smoothed out by the "good luck" times over the course of a week so it would balance out.

~BTC0.00076112/per bond

~200MH/s makes about that per 7 days (week). This was mined in 5.5 days if I recall previous posts. So each bond is mining than 200MH/s right now. Website says "~337.5MH/s per bond. (Updated 11/23/2013)"

EDIT: We also had some bad luck as well.

lab-rat doesn't post updates about bad news - you never noticed?

@grnbrg or Lab_Rat

What was the div per share last Saturday? Maybe it's enbedded in a longer post but I can't find it right now. Only saw that there was some bad pool luck but not the acctual amount per share.

Gyft seems to have it together too... available on the iPhail store according to the site.

Yeah, screw Apple. Never liked them anyway... Paypal too... 

Except for PayPal.

Because they aren't going to try to poke that bear. 



grnbrg.

This is worse than I thought, Labrat is a Iphone user.  

How can any Bitcoin user have an apple device with a clear conscience?  

Shame on you labrat...
  
Edit: for anyone that isn't up to date Apple has removed or banned any app that you can make BTC payments from.  This is so they can keep all the payments through the apple store and repress any innovation or competition.

Id like to hear more about the asic chip idea. I have heard a little bit about it, but if that what it takes us to keep our dividends up, then im all for it. I just hope things go well. We all know it can easily take 1 plus years from concept to manufacture. It may be the thing that will save our bacon. If LR is making a chip, it would be awesome to know where he is in the production.

If shares are sold and the money is immediately put into new equipment, then it wont hurt us, what will hurt us is if it takes 6 plus months until that new equipment starts hashing, all we will be doing is diluting the shares.

LR, I would love to hear your plans on the asic chip idea. I know some dont like the idea, but it will really benefit us if it works out as planned.

https://cex.io/r/1/daemon/0/

Seems like an excellent idea, the luck in the pool its been quite good, and also can use the NMC as you said to boost it buying more Ghs from cex.io market. Whatever he does, he also needs to use a referral to daemonfox to give 3% referral bonus as thanks !

Mining BTC, NMC, ICX and DVC all togheter in one place with 0% pool fees its simply awesome.

Personally, I reckon it's not worth soloing until we have at least one percent of total network hash.... even then variance will be a quite a bitch.

We really need an automatic trading system.  Any way to use tor maybe?  Maybe someone with a large number of shares could set up a pass through.

what about https://www.havelockinvestments.com/

Can someone with a lot of shares set up a pass through on havelock?  how many shares would you need to do this?

Sounds cool... let me take a stab in the dark at something rough using your suggested 3 blocks.

I would suggest always plugging in a predicted difficulty based on current est next difficulty * 1.3 to accommodate the additional hashpower added through the cycle. This way there is some headroom by using the END OF CYCLE estimated hashrate.

I took the next estimated adjustment and multiplied it to get 10660000 GH/s as the possible end result of the next adjustment, which will be my target hashrate for the following calculations.

To gain a minimum of 3 blocks by the end of the next adjustment would be (desired blocks/blocks per adjustment) * hashrate = needed average solo hashrate or...

(3/2016)  * 10660000 = 15863.09523809524 GH/s to obtain an average of 75 BTCs by the end of the next cycle.

So... by Endlessa's evaluation and some rough calculations... Lab_Rat is ahead of the game sitting at 23 TH/s and is outpacing a possible recommended minimum to solo mine hashrate if you are seeking only 3 blocks.

Food for thought. Curious if maybe the mine shouldn't just use GHash.io instead of where ever we are now... luck is good... hashrate is more than 2.25 PH/s and NMC/DVC/IXC are all included and ZERO POOL FEE! Only a 0.005 withdrawal fee. And since they allow you to buy cloud hashes with NMC... no reason not to have all NMC earned to be put straight into cloud mining to boost the total earnings. Why not?

Thoughts?

Any chances that the pool mining will be made public for those that funded the purchase of the hardware?

We share holders are really the rat in the lab here , nothing is transparent about this whole OP , selling more shares & further diluting dividends for a asic pipe dream , not sharing mining pool info , not sharing how much money earned & spent & where & on what , Lab_rat can do what he wants , he got us rats trapped in his lab ..    

IF dividends are going to be lower than expected LAB_rat should keep us posted on this but no , why does he care despite of emphasizing that we are invested into LRM for returns based on dividends & hopefully healthy share price ....  .... 

I really hope an automatic trading system is put in place soon.

I'll do the math tomorrow and figure it out, but I wrote a mining simulator back in march/april (to see how personal hash would perform under different scenarios) and it seemed optimal to be able to solve 2/3 blocks per cycle.  You have not take in account hash growth and acceleration (rate of block solves past current difficulty, when difficulty changes it's almost instantly lower than network hash would dictate realtime, so it skews the "theoretical" maths).  so as a safety margin, my tests said about 3 would help mitigate non-solve periods due to lucky/unlucky and competition (unexpected large deployments mid cycle).  so you don't end up chasing the proverbial difficulty tail, so to speak.


those were just my tests . . . feel free to verify


edit: a cycle being a difficulty change